March 1903, No. 61 The Railway and Shipping World (Toronto) Page 107, col. 2

Railway finance, meetings, etc.

...

Nosbonsing and Nipissing Ry.—The earnings for the past year were $53,850, and the operating expenses $45,076.23. The line is 5 1/2 miles in length, and is a lumber-carrying line, between lakes Nosbonsing and Nipissing, Ont. T. Darling, of Wisawasa, is Superintendent.

Railways: N. & N.Ry.

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